A sobering new survey from The Salvation Army reveals that Canadians are facing unprecedented financial pressure, with rising costs and economic uncertainty pushing many households to the brink.
The national survey, conducted in September, paints a troubling picture of economic distress across the country. Nearly one-quarter of Canadians (23%) report feeling "extremely concerned" about their ability to afford housing, while food insecurity has become a pressing issue for millions.
Food Insecurity Reaches Critical Levels
The data shows that food insecurity is affecting Canadians at alarming rates. Twenty percent of respondents admitted they have skipped or reduced the size of meals due to financial constraints. Even more concerning, 16% have resorted to accessing food banks or community food programs to make ends meet.
"What we're seeing is a perfect storm of economic pressures," the report indicates. "Rising inflation, increased tariffs on everyday goods, and housing costs are creating significant hardship for Canadian families."
Regional Disparities Highlight Economic Divide
The survey reveals notable regional variations in economic anxiety:
- Atlantic Canada shows the highest level of concern about food affordability
- British Columbia residents express the most anxiety about housing costs
- Ontario and Quebec show significant increases in reliance on food support services
Young Canadians Hit Hardest
Generation Z and Millennial Canadians are reporting the highest levels of financial stress, with 30% of respondents aged 18-34 indicating they're "very concerned" about their current financial situation. This demographic is particularly vulnerable to economic fluctuations and rising living costs.
The Salvation Army notes that these findings come at a critical time, as the organization prepares for its annual holiday assistance programs. With demand expected to increase significantly this year, the survey results underscore the urgent need for community support and government action to address the growing affordability crisis.
